Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

President Donald Trump ramped up pressure on the US central bank on Wednesday with a call for Federal Reserve (Fed) Governor Lisa Cook to step down as he continued to criticize Fed Chairman Jerome ...

Trump called on a Biden appointee on the Fed Board of Governors, the latest official targeted by the administration, to step down over mortgage fraud allegations.

On Wednesday, Trump called on Cook to resign after Federal Housing Finance Authority director William Pulte sent a "criminal referral" to Attorney General Pam Bondi, accusing Cook of mortgage fraud.

Good morning, Coastal Bend! Here's a look at the 6 things you need to know before you walk out the door this Thursday morning.

Mortgage rates for a second home are also typically 0.25% to 0.50% higher than the rate for a primary residence, said Garth ...

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday.

If Lisa Cook is forced off the Fed's governing board, it would provide President Donald Trump an opportunity to appoint a loyalist.

The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.

Texas poised to hand GOP redistricting win … Trump ally seeks DOJ probe of Fed governor … Smithsonian under administration ...

A Trump administration official alleged that Lisa Cook claimed two homes as her principal residences in 2021 to fraudulently obtain better mortgage lending terms.